Commodity ratio · live

Wheat Futures to Wool Ratio

The wheat futures to wool ratio is 0.3835 Wheat Futures at $694.92 per Ounce divided by Wool at $1,812.00 per 100 Kilogram.

Prices as of Aug 24, 2026, 11:30 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Ounce

Wheat Futures to Wool ratio

0.3835-6.64% / 1Y

1.000 Oz of wheat futures = 0.3835 100 Kg of wool

Inverse (WOOL/ZW-FUT): 2.607 — one 100 Kilogram of wool buys that much wheat futures.

Near the top of its 1 year range — historically stretched. (94th percentile of the last 1 year)

Wheat Futures

$694.92

per Ounce

Wool

AU$1,812.00

per 100 Kilogram

Unit basis: USD per Ounce ÷ AUD per 100 Kilogram. The ratio reads as 100 Kilograms of wool per Ounce of wheat futures. Prices as of Mon, 24 Aug 2026 11:30:02 GMT.

These two commodities are quoted in different currencies (USD and AUD). The figure above is a raw quote ratio and is not FX-adjusted.

1Y average

0.3928

median 0.3378

1Y low

0.2915

Jun 29, 2026

1Y high

6.361

May 4, 2026

Normal band

0.000–0.9481

mean ± 1 std dev

Deviation from mean

-0.02σ

327 observations

Wheat Futures to Wool ratio charts

Pick a range once — it applies to the ZW-FUT/WOOL ratio line, the OHLC candles and the Wheat Futures / Wool price chart below.

ZW-FUT/WOOL ratio line

How many 100 Kg of Wool one Oz of Wheat Futures buys, over 1Y.

ZW-FUT/WOOL ratio candles

Open, high, low and close of the ZW-FUT/WOOL ratio for each period in the last 1Y.

Wheat Futures and Wool prices

Both legs of the ratio on their own axes, so you can see which one moved over 1Y.

How to calculate the wheat futures to wool ratio

Wheat Futures to Wool ratio = Wheat Futures price per Ounce ÷ Wool price per 100 Kilogram

The two legs use different units, so the result is a rate — 100 Kilograms of wool per Ounce of wheat futures — rather than a plain count.

Worked example, live prices: $694.92 ÷ $1,812.00 = 0.3835. The inverse is 2.607.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4640.70
2XAGSilver68.90
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.88
5NG-FUTNatural Gas Futures2.78
6PLPlatinum1883.84
7PAPalladium1350.90

Frequently asked questions

What is the wheat futures to wool ratio today?

The wheat futures to wool ratio is 0.3835 — Wheat Futures at $694.92 per Ounce divided by Wool at $1,812.00 per 100 Kilogram, from live mid-market prices.

How do you calculate the wheat futures to wool ratio?

Divide the wheat futures price per Ounce by the wool price per 100 Kilogram. If the two units differ, the result is a rate rather than a plain count — read it as 100 Kilograms of wool per Ounce of wheat futures.

What is the inverse of the wheat futures to wool ratio?

The inverse, wool to wheat futures, is 2.607 — how many Ounces of wheat futures one 100 Kilogram of wool buys.

Wheat Futures to Wool Ratio — 0.3835 Today | CommodityPriceAPI